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Nonprofit · EIN 51-0176954

MUSICAL OBSERVATIONS INC

Tax-exempt · RHINEBECK, NY 12572

Financials

$105K$62K2023$273K$105K2024$397K$150K2025
Revenue Expenses · by fiscal year end
Financials of MUSICAL OBSERVATIONS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$397,235$150,263$246,972$2,929,011$576$2,928,435
December 31, 2024990$273,057$105,373$167,684$2,650,105$6,389$2,643,716
December 31, 2023990$105,161$61,881$43,280$2,410,001$0$2,410,001
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$145,000
Program service revenue
$903
Investment income
$249,629
Net gain from sales of assets
$170,850
Other revenue
$1,703

Expenses

Grants and similar amounts paid
$5,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$110,107
Management and general (functional)
$40,156

Balance sheet and other

Total assets, start of year
$2,650,105
Total assets, end of year
$2,929,011
Total liabilities, end of year
$576
Net assets, end of year
$2,928,435
Publicly traded securities
$2,680,137
Net assets without donor restrictions
$2,928,435
Gross receipts
$1,343,623
Employees
0
Year formed
1975
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ANDREW ZHOUSecretary/Treas
Officer
0$0
CRAIG PEPPLESPresident
Officer
0$0
JEFFREY TWITCHELL-WAASVice President
Officer
0$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
ANDREW ZHOUSecretary/Treas
Officer
0$0
CRAIG PEPPLESPresident
Officer
0$0
JEFFREY TWITCHELL-WAASVice President
Officer
0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
ANDREW ZHOUSecretary/Treas
Officer
0$0
CRAIG PEPPLESPresident
Officer
0$0
JEFFREY TWITCHELL-WAASVice President
Officer
0$0

Address and contacts

Address (IRS master file)
187 EMARKET ST SUITE 202, RHINEBECK, NY 12572-0000
In care of
% P ZUKOFSKY
Principal officer (990 for 2025)
CRAIG PEPPLES, 187 EMarket St Suite 202, Rhinebeck, NY 12572
Signed the 990
CRAIG PEPPLES, President
Phone
(845) 876-5200
Return prepared by
VAN NORSTRAND & HOOLIHAN PC

Mission

APPRECIATION OF 20TH CENTURY MUSIC. MUSICAL OBSERVATIONS INC HAD MORE THAN 174,000 WORLDWIDE ELECTRONIC DOWNLOADS OF OUR CD TRACKS.

990 for the year ended December 31, 2025

Program accomplishments

  • Tokyo Recordings
    Expenses $58,477
  • Film project
    Expenses $30,895
  • SCHOLARSHIP
    Expenses $13,188
  • Grant to support Chamber Orchestra
    Expenses $5,000
  • Donation support
    Expenses $1,052
  • CP 2 - A SERIES OF RECORDINGS OF 20TH CENTURY MUSIC
    Expenses $1,028
  • WEB-SITE
    Expenses $467

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
51-0176954
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1976
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,929,011
Income (IRS master file)
$1,343,623

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$397,235$150,263$2,929,011IRS
990December 2024$273,057$105,373$2,650,105IRS
990December 2023$105,161$61,881$2,410,001IRS
990December 2022$117,407$42,615$2,292,781IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0176954).

Questions about MUSICAL OBSERVATIONS INC

What is the EIN of MUSICAL OBSERVATIONS INC?
The employer identification number (EIN) of MUSICAL OBSERVATIONS INC is 51-0176954.
Is MUSICAL OBSERVATIONS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
Are donations to MUSICAL OBSERVATIONS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MUSICAL OBSERVATIONS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MUSICAL OBSERVATIONS INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MUSICAL OBSERVATIONS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MUSICAL OBSERVATIONS INC?
The 990 for the year ended December 31, 2025 names CRAIG PEPPLES.
Who are the officers and directors of MUSICAL OBSERVATIONS INC?
The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does MUSICAL OBSERVATIONS INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $397,235, expenses of $150,263 and total assets of $2,929,011 at year end.

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